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In the U.S., according my unofficial totals gleaned from reading a wide variety of sources, we are now up to at least 1.5 trillion USD of "stimulus" provided to private enterprise and government agencies and at least 2 trillion USD created out of thin air by the Federal Reserve for the purposes of their finacial system recovery plan.
If you add that up and divide it by the approximately 300 million residents in the U.S., you get about 11,600 USD per person. I simply cannot understand how it would not have been better to write the checks out to each individual and let them spend or save it as they see fit. If they need a new car, that will get them a huge down payment on any reasonably-priced vehicle. If they need to catch up on mortgage payments, that should cover at least several months of payments on any reasonable dwelling in almost any city. If they have medical debts, this amount would help considerably for a lot of sick people. If they don't need to spend it, it will go into a bank or stock market account where it will reinject capital into the financial system.
Will someone, anyone, PLEASE tell me why this isn't a better way to spend U.S. "stimulus" money?!...

Why we have such a large group in positions of influence who are bereft of any feelings of empathy for those in need is something for social scientists or philosophers to ponder.

I've pondered it quite a bit, though I'm neither social scientist nor philosopher. I have found some illuminating insights into this issue in the areas of medicine and psychology. I invite anyone who is interested in such an approach to this problem to google the word "ponerology" and follow the research where it leads you.

Never doubt that a small group of thoughtful, committed citizens can change the world. Indeed, it is the only thing that ever has. -Margaret Mead

by blueneck on Sat Feb 28th, 2009 at 03:23:34 PM EST

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